Crisil announces its first policy review of the year

Today’s monetary policy announcement was significant for three reasons. Not only it was the first policy review of this year, it was also the first one with the new RBI governor at... Read more »

Tata Motors announces net loss of Rs 26,961 cr for Q3.

Tata Motors have reported a net loss of Rs 26,961 crore for the quarter ended December 2018 hugely affected by an exceptional item of asset impairment of Rs 27,838 crore. The company... Read more »

Rbi cuts repo rate by 25 basis points, markets upbeat

On February 7, the Reserve Bank of India (RBI) lowered the repo rate by 0.25 percentage points to 6.25 percent. The repo rate is the rate at which banks borrow from the... Read more »

SIDBI announced net profit of Rs 540.33 crores for FY19.

 SIDBI net profit rose 40 % in 9monthsof FY19 vs same period in FY18. Mumbai/New Delhi: Financial performance highlights Industries Development Bank of India (SIDBI), the all India financial institution engaged in creating... Read more »

UFO earns net profit of ₹146 million. (Q3FY19)

UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and nine months ended... Read more »

NBFCs to face margin contraction, growth moderation.

India Ratings and Research (Ind-Ra) has reportedly maintained a firm outlook on the retail NBFC sector and an unsteady one for wholesale NBFCs. This is specifically for lenders to real estate players... Read more »

UK court confirms Vijay Mallaya’s extradition

The Vijay Mallya extradition case has finally come to light. UK Home Secretary Sajid Javid today has signed the order for Mallya’s extradition to India. Mallya has a 14-days to appeal to... Read more »

Amazon pantry returns back to shelves

Amazon.com Inc’s grocery service will soon be back on its India website. This news came after the online retail giant faced disruption from revised e-commerce curbs which occurred in on Feb. 1. As per new federal rules, companies are barred... Read more »

Healthcare: A sector that needs new age innovation

Technical innovations in healthcare needs a robust policy framework. That’s what Indu Bhushan, the CEO of the government’s ambitious scheme Ayushman Bharat had to say. He added that technology has become the... Read more »

Emerging markets’ currencies dip low

The US with its strong dollar, rising oil prices and steady U.S. Treasury yields is holding on to recent gains. It however, put pressure on emerging markets on Monday, with their currencies... Read more »